Central bank independence talk.
This is the 10 minute version of my longer post on central bank independence, for the Peterson Institute Conference on Central Bank Independence Oct 31| The Grumpy Economist
This is the 10 minute version of my longer post on central bank independence, for the Peterson Institute Conference on Central Bank Independence Oct 31| The Grumpy Economist
This is a draft essay behind my presentation at the Peterson Institute conference “Central Bank Independence in Practice” Oct 31 2025.| The Grumpy Economist
I had an interesting correspondence with the CEO of a fairly large retailer, in response to the latest Goodfellows.| The Grumpy Economist
This is a WSJ OpEd that I will publish in full in 30 days.| The Grumpy Economist
(This is an essay about Tom Sowell’s Knowledge and Decisions. I prepared it for a panel discussion at the Hoover Tom Sowell celebration, which will necessarily be much shorter.| www.grumpy-economist.com
I’m just home from Switzerland, where I gave the Karl Brunner Lecture. It is always eye opening to travel and see how other countries do things, and leads me to question basic assumptions.| The Grumpy Economist
On Friday I had the pleasure of discussing a great new paper, “What does it Take?| The Grumpy Economist
Two nice articles came up recently on the health care and insurance mess.| www.grumpy-economist.com
On Thursday I will give the Karl Brunner Distinguished Lecture at the Swiss National Bank, a real honor.| www.grumpy-economist.com
Three excellent essays last month point to a turning point in climate with, I think, a broad political ramification.| www.grumpy-economist.com
This is an essay that developed out of a presentation at the 2024 SOMC conference at Hoover.| www.grumpy-economist.com
And now, here are my answers to the “Fed Questions.” There aren’t really right answers on most of these, but a Fed chair should understand the questions and the pro/con arguments.| The Grumpy Economist
A WSJ oped, which I can now post since 30 days have passed.| The Grumpy Economist
With a Wall Street Journal Op-Ed (ungated here) from Senator Elizabeth Warren, and a long Manhattan Institute essay last year by Dan Katz and Stephen Miran, the latter CEA Chair and Fed Board nominee, both ends of the horseshoe are calling for fundamental reform at the Fed.| The Grumpy Economist
Dan Snow at the Price Points Substack has a lovely deep dive into the 340B drug pricing program.| The Grumpy Economist
The work requirements for Medicaid are in the news.| The Grumpy Economist
Fed independence is in the news again, with the on and off again disagreements between President Trump and Chairman Powell.| The Grumpy Economist
The proposal, starting with comments from Senator Ted Cruz, that the Congress force the Fed to stop paying interest on reserves is having more legs than I thought it would.| The Grumpy Economist
(Disclaimer: This is a post for my academic colleagues doing monetary / fiscal policy.)| www.grumpy-economist.com
What do we really know about how (if) higher interest rates reduce inflation?| www.grumpy-economist.com
This is a WSJ op ed, written about the Fed’s strategy review.| www.grumpy-economist.com
Did “supply shocks” or “relative demand shocks” cause the recent inflation?| www.grumpy-economist.com
